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Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Schedule of property and equipment, net

		June 30, 2022				December 31, 2021
Plant and equipment			6,583,193				1,046,866
Computer equipment			469,966				216,099
Furniture & fixtures			29,851				31,474
Processing machines (Miners)			144,010,826				81,341,098
Modular data center			21,678,051				9,819,796
Motor Vehicles			327,053				250,425
Transformers			6,978,071				1,190,609
Low-cost assets			872,612				246,154
Assets under construction			13,630,192				1,008,001
Leasehold improvements			360,000				-
Total			194,939,815				95,150,522
Less: Accumulated depreciation			(46,001,594	)			(18,213,672	)
Property and equipment, net			148,938,221				76,936,850

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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